On the expenditure side, net external demand contributed positively, as exports advanced 4.1 percent, following a 3.1 percent gain in Q2; while imports grew at a slower 2.6 percent, after rising by 4.7 percent the previous period.
Gross fixed capital formation continued to grow (+1.2 percent from +1 percent in Q2), but business investment contracted (-1.6 percent from -0.8 percent in Q2). Meanwhile, growth slowed for both household consumption (+2.6 percent from +3 percent in Q2) and government spending (+0.8 percent from +1.1 percent).
On the production side, the service industries expanded 3 percent (+2.7 percent in Q2), mainly boosted by distribution, hotels and restaurants (+5.2 percent from +5 percent in Q2), transport storage and communications (+4.2 percent from +2.5 percent in Q2); and government and other services (+1.9 percent from +1.5 percent in Q2). Industrial production rose at a slower 1 percent (+1.6 percent in Q2), as growth slowed for: manufacturing (+0.5 percent from +1 percent in Q2). Construction edged up 0.1 percent, following a 0.4 percent gain in Q2.